If the U.S. Energy Information Administration is accurate in its November Short-Term Energy Outlook (STEO) with forecasts of trends across the energy sector through 2026, it doesn’t look great for the oil and gas industry. It predicts 2026 will bring crude oil prices down to the average of $55 a barrel. Key takeaways from the …
Category: General
Construction gets go-ahead for Stillwater data center
Stillwater Planning Commission Approves Final Plat According to The Stillwegian, construction will soon begin in earnest on Google’s new data center in Stillwater, marking a major step in the company’s $9 billion investment across Oklahoma’s AI and cloud infrastructure. The Stillwater Planning Commission recently approved the final plat for the project, clearing the way for …
Mitchell talks energy with Jerry Bohnen—the growing impact of data centers
https://www.facebook.com/reel/817668744229953 Not to belabor the point, but it’s clear the widening growth of data centers is having an impact, not just in Oklahoma, but many other states. The same kind of critical conditions being asked by Oklahomans are the same ones raised by ratepayers across the country. It’s a key topic on our latest …
Energy briefs
** The U.S. Supreme Court declines to hear an appeal in a case that will prevent utilities from issuing certain customer surcharges that will save ratepayers about $400 million by 2031. ** In a speech at the United Nations’ COP30 climate summit in Brazil, California Gov. Gavin Newsom criticizes the Trump administration’s absence from the …
Data centers and where should they be built
A new study that focused on where data centers should be built across the U.S. cautioned that the net zero promises of tech companies aren’t likely to hold up against the energy and water needs of the massive facilities. Published in the journal Nature Communications, the study also showed pluses and minuses when it comes to …
Tribe continues fight over Dakota Access Pipeline
(Photo by Scott Olson/Getty Images) More than five years after protesters joined the Standing Rock Sioux Tribe in the battle against the Dakota Access Pipeline and staged demonstrations and live-ins at the site in North Dakota, the tribe is far from finished with its fight. It filed new court documents contending a federal judge …
Crude oil down—WTI slips further into the 50s
A day after making gains, crude oil prices fell more than $2 a barrel on Wednesday, thanks largely to an OPEC report indicating global oil supply will match demand in 2026. Reuters reported the Organization of the Petroleum Exporting Countries noted that world oil supply would match demand next year due to the wider …
Legislator argues “coverups must end” at the Corporation Commission
In making his latest challenge to an Oklahoma Corporation Commission decision granting a rate hike for Public Service Company of Oklahoma, Rep. Tom Gann says if the Supreme Court rules in his favor, it would mean the rate hike increase order was void along with others. He called the circumstances in the case …
August-like weather in November
Record high temperatures this weekend in the state? You bet! Just ask Gary McManus, state Climatologist with the Oklahoma Mesonet. “Both days, Friday and Saturday, could see record highs in places,” he wrote on Thursday. Just like the state had in August. In case you’re wondering, the record high maximum temperature for Thursday was 86 …
Treasurer announces agreement with Boeing Company
Treasurer Todd Russ Leads Successful Shareholder Engagement Oklahoma State Treasurer Todd Russ announced a successful outcome in the state’s shareholder engagement with The Boeing Company. The agreement marks a major win for fiduciary responsibility and collaborative corporate governance on behalf of Oklahoma’s investments. The Treasurer’s Office, acting through the Tobacco Settlement Endowment Trust (TSET), considered …